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The main commodities traded on the Exchange have been Gold, Silver and Crude Oil. There are various contracts in each. Gold has eight contracts namely Gold 1 ounce, Gold 100 ounce, Gold 1 Tola, Gold 50 Tola, Gold 100 tola, Gold Kilo, Gold 100 g, and Minigold 10 g. Tola gold and minigold are deliverable contracts.
English: This chart shows the nominal price of gold along with the price in 1971 and 2011 dollars (adjusted based on the consumer price index). The historical gold price was obtained from www.igolder.com; CPI was obtained from www.rateinflation.com. The data is in section Chart Data.
The tola formed the base for units of mass under the British Indian system, and was also the standard measure of gold and silver bullion. [1] Although the tola has been officially replaced by metric units since 1956, [ 8 ] it is still in current use, and is a popular denomination for gold bullion bars in Bangladesh , India , Nepal , Pakistan ...
Gold prices (US$ per troy ounce), in nominal US$ and inflation adjusted US$ from 1914 onward. Price of gold 1915–2022 Gold price history in 1960–2014 Gold price per gram between Jan 1971 and Jan 2012. The graph shows nominal price in US dollars, the price in 1971 and 2011 US dollars.
The dinār is a gold coin weighing one mithqal (4.25 grams) and the dirham is a silver coin weighing 0.7 mithqal (2.975 grams). The relation of 20 dinār and 200 dirham reflects the contemporary exchange value between the dinār and the dirham of 1 to 10 in the early days of Islam. [ 2 ]
1 Ser = 2 Adher = 4 Pav = 16 Chattank = 80 Tola = 933.1 grams 1 Savaser = 1 Ser + 1 Pav (1¼ Seer) 1 Savaser weighed 100 Imperial rupees In Hindi 1¼ Seer = Sava (1¼) Seer, or Savaser 1 Dhaser = 2 Savaser = 2½ Seer In Hindi 2½ Seer = Dhai (2½) Seer, or Dhaser 1 Paseri = 2 Adisari = 5 Seer In Hindi 5 Seer = Panch (5) Seer, or Paseri for short
Custom duties are levied according to the rates given in the First Schedule, which includes: Goods imported to Pakistan; Goods purchased in bond from one custom station to another; Goods brought from a foreign country to any customs station that are trans-shipped or transported without the payment of duty to another customs station.
The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export competitiveness. 2008 was termed a disastrous year for the rupee after the elections: between December 2007 and August 2008, it lost 23% of its value, falling to a record low of Rs.79/ 20 against the US ...